Oil Prices Hold Their Ground After Falling on China Stimulus
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ($1.40 trillion) debt package to ease local government financing strains, but analysts said it fell short of the amount of stimulus that would be needed to boost growth.
Oil crashes over 2% on disappointing China stimulus; Brent drops below $73
Oil prices decreased by 2% on November 11 following a lackluster stimulus from China, with Brent crude at $72.04 and US WTI at $68.47.
Oil settles down 2% on receding hurricane risk, lackluster China stimulus
Oil prices settled more than 2% lower on Friday as traders grew less fearful of prolonged supply disruptions from a hurricane in the U.S. Gulf of Mexico, while China's latest economic-stimulus packages failed to impress some oil traders.
Oil prices fall after China stimulus disappoints
Oil futures fell Friday, with weakness tied in part to disappointment in China’s latest round of stimulus measures. China on Friday signed off on a $1.4 trillion plan to aid local governments. It will raise the ceiling on local government debt by 6 trillion yuan,
Oil Falls on China Concerns, Fading Hurricane Threats
Oil prices extend losses in late afternoon trade in Europe, with both benchmarks falling more than 2.5% after China held off on new fiscal stimulus and fears over U.S. supply disruptions due to Hurricane Rafael eased.
Oil prices fall more than 1% as Hurricane Rafael risk recedes
Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas infrastructure in the U.S. Gulf while investors also weighed up fresh Chinese economic stimulus. Brent crude oil futures lost $1.
Oil prices post weekly gain after hurricane causes disruption in US
Oil prices fell on Friday but still posted a weekly gain, as US oil and gas production was disrupted by a hurricane and the markets weighed whether president-elect Donald Trump would enforce tighter sanctions on some oil-producing countries.
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Crude oil prices today: WTI is trading at $68.42
What is the price of crude oil today? WTI futures traded at $68.42 per barrel, as of 9 a.m. ET. Year to date, WTI prices ...
WTI, Brent oil futures settle at their lowest in nearly 2 weeks
Oil futures finished lower on Monday, with U.S. and global benchmark prices at their lowest in almost two weeks. Crude prices are facing headwinds from "f ...
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Brent crude has bullish outlook, unlike natural gas: Bank of America
Brent crude, gasoline and gasoil have a bullish outlook over the next month futures contracts roll over, according to ...
Oil prices slip over 1% on strong dollar, easing supply risks
Oil prices moved lower after spending most of the trading session flat on Monday as a strong dollar weighed on sentiments.
Brent Crude - Oil Prices Rise As OPEC+ Extend Output Cuts
Oil prices opened $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Click to read.
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EOG Resources’ Financial Stability at Risk with New Gas Agreement Linked to Brent Crude
EOG Resources Inc. faces significant financial risk due to its recent 10-year agreement to sell domestic natural gas with a ...
Trump's victory may pressure oil prices through 2025, Citi says
Citi forecasted on Wednesday that U.S. President-elect Donald Trump's second term could exert downward pressure on oil ...
Brent Crude Rises As OPEC+ Delays Production Increase
Brent crude oil prices climbed above 74 USD per barrel following OPEC+'s announcement to delay its production increase ...
Crude Oil Price Outlook – Crude Oil Continues to See Choppy Trading
The crude oil market is slightly negative during the trading session on Friday, as the market continues to see a lot of questions asked about the overall supply and demand of this commodity.
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Rupee Opens At Record Low Amid Yuan Weakness, Limited Chinese Stimulus
The Indian rupee opened at a new record low on Monday, depreciating by 2 paise to 84.40 against the US dollar.
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Brent Crude (BZ) Futures
A Brent Crude futures contract involves the delivery of Brent Crude oil (harvested in the North Sea off the shore of Britain) at a certain price on a certain date. Oil futures are calculated ...